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SOSOUtilities · Utilities - Regulated Electric

SO Stock Forecast: The Southern Co. Price Predictions for 2026-2027

Last close, 3 Aug 2026
$93
−1.69% on the day

The 24 Wall Street analysts covering The Southern Co. hold a median 12-month price target of $102 — +9.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 37 of 100 as at 1 Aug 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$106.6B
Ticker Nerd rank
37 / 100
Median analyst target
$102
Analysts covering
24
Total return, dividends reinvested
1W
−3.7%
1M
−5.1%
YTD
+8.3%
1Y
+1.0%
From 52W high
−5.5%
From 52W low
+12.3%
$83
$98
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

SO stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores The Southern Co. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 1 Aug 2026
37 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
97
Quality
80
Momentum
63
Revisions
58
Growth
44
Accruals
42
Value
30
Issuance
27
Size
2

Volatility (97): The share price has been relatively steady.

Issuance (27): The company has been issuing shares or taking on financing, diluting existing holders.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

The rank is the raw material. Whether the rules would actually own The Southern Co. — and when they’d sell — is the membership.

Wall Street

SO stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on SO, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$80$90$100$110$120Oct 25Jan 26Apr 26Jul 26SOHigh $114Median $102Low $79

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says24 analysts
7 Buy14 Hold3 Sell
Low $79Median $102High $114

The green dot is the last close — the median target sits +9.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 2 moved their price target up and 2 moved it down.

DateFirmActionRatingTarget
27 July 2026BMO CapitalMaintainsOutperform$102 → $104
23 July 2026KeybancDowngradeUnderweight$79
22 July 2026BMO CapitalMaintainsOutperform$105 → $102
16 July 2026JP MorganMaintainsNeutral—
16 July 2026JP MorganMaintainsNeutral$101 → $104
18 June 2026BarclaysMaintainsEqual-Weight$99 → $98
18 June 2026BarclaysMaintainsEqual-Weight—
29 May 2026Truist SecuritiesMaintainsHold—
21 Apr 2026Morgan StanleyMaintainsUnderweight—
21 Apr 2026Truist SecuritiesInitiatesHold—
20 Apr 2026Seaport GlobalDowngradeNeutral—
10 Apr 2026BarclaysMaintainsEqual-Weight—
6 Mar 2026TD CowenMaintainsBuy—
5 Mar 2026Evercore ISI GroupUpgradeOutperform—
4 Mar 2026KeybancUpgradeSector Weight—
20 Feb 2026MizuhoUpgradeOutperform—
20 Feb 2026ScotiabankMaintainsSector Perform—
20 Feb 2026Wells FargoUpgradeEqual-Weight—
20 Jan 2026Wells FargoDowngradeUnderweight—
15 Jan 2026BarclaysMaintainsEqual-Weight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Estimates

SO analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.4%
Analysts raising
0
Analysts cutting
0
Fundamentals

The Southern Co. (SO) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
22.8×

Cheaper than 35% of US stocks

Price / sales
3.6×

Cheaper than 35% of US stocks

Price / book
2.5×

Cheaper than 38% of US stocks

EV / EBITDA
12.8×

Cheaper than 30% of US stocks

Growth & margins
Revenue growth (YoY)
0.1%

Higher than 29% of US stocks

Earnings growth (YoY)
33.4%

Higher than 70% of US stocks

Gross margin
51.3%

Higher than 65% of US stocks

Operating margin
25.5%

Higher than 85% of US stocks

Net margin
15.4%

Higher than 78% of US stocks

Returns & dividend
Return on equity
11.5%

Higher than 68% of US stocks

Return on assets
3.2%

Higher than 67% of US stocks

Dividend yield
3.2%

Higher than 68% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

SO vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Electric
CompanyMarket capTKN rank
SOThe Southern Co.$106.6B
37
DUKDuke Energy Corp.$97.5B
53
AEPAmerican Electric Power Co., Inc.$69.1B
51
NEENextEra Energy, Inc.$181.0B
41
DDominion Energy, Inc.$59.1B
38
XELXcel Energy, Inc.$48.8B
21
ETREntergy Corp.$48.1B
34
Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SO appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

News

Latest SO news & analysis

Southern Company announces upsize and pricing of $725 million in aggregate principal amount of Series 2026A 2.125% Convertible Senior Notes due December 15, 2027 and $1.65 billion in aggregate principal amount of Series 2026B 3.50% Convertible Senior Notes due September 15, 2029

PRNewsWire · 4 Aug 2026neutral

Southern Company announced the pricing of $725 million of Series 2026A 2.125% Convertible Senior Notes due December 15, 2027 and $1.65 billion of Series 2026B 3.50% Convertible Senior Notes due September 15, 2029, in private placements to qualified institutional buyers under Rule 144A. The offerings were upsized by $75 million and $150 million respectively from previously announced sizes, and the initial purchasers received options to buy up to an additional $108.75 million and $247.5 million in aggregate principal of the respective notes.

Why it matters — A Southern Company watcher would care because the announcement reflects a change in the company's financing plans, including increased borrowing across two convertible note offerings and associated purchase options.

Southern Company announces offerings of $650 million in aggregate principal amount of Convertible Senior Notes due December 15, 2027 and $1.5 billion in aggregate principal amount of Convertible Senior Notes due September 15, 2029

PRNewsWire · 3 Aug 2026neutral

Southern Company announced private placements of $650 million in convertible senior notes due December 15, 2027 and $1.5 billion in convertible senior notes due September 15, 2029 to qualified institutional buyers under Rule 144A. The company also expects to grant initial purchasers options to buy up to an additional $97.5 million of the 2027 notes and $225 million of the 2029 notes.

Why it matters — The convertible note offerings are new financing activity by Southern Company that will expand its outstanding debt and affect its capital structure.

Southern Q2 Earnings Call Highlights

MarketBeat · 1 Aug 2026positive

Southern Co. reported second-quarter 2026 adjusted earnings of $1.13 per share, up $0.21 from the same quarter last year and $0.13 above its own estimate. The company cited higher electricity usage, customer growth, and construction-related earnings as drivers of the results.

Why it matters — SO watchers would note the company exceeded its own earnings estimate for the quarter, driven by operational growth in electricity usage and its customer base.

Georgia Power, Department of Energy and elected officials celebrate the future of energy production at Plant Bowen

PRNewsWire · 31 July 2026positive

Georgia Power, the Department of Energy, and elected officials celebrated the legacy of Plant Bowen and discussed planned and ongoing improvements, including new natural gas units totaling nearly 1,500 MW and 500 MW of battery energy storage.

Why it matters — The reinvestment and expansion at Plant Bowen signal continued operational focus and capital deployment by Georgia Power, a key Southern Co. subsidiary.

The Southern Company (SO) Q2 2026 Earnings Call Transcript

Seeking Alpha · 31 July 2026neutral

The Southern Company (SO) held its Q2 2026 earnings call, and Seeking Alpha published the transcript of that call.

Why it matters — SO watchers would care because the earnings call transcript provides management's discussion of the company's second-quarter performance and outlook.

FAQ

Frequently asked questions about SO stock

What is the SO stock price forecast for 2026-2027?

The 24 Wall Street analysts covering The Southern Co. have a median 12-month price target of $102, with estimates ranging from $79 to $114. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is SO stock a buy right now?

Of the 24 analysts covering The Southern Co., 7 rate it a Buy, 14 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks The Southern Co. 37 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank SO?

As at 1 Aug 2026, The Southern Co. ranks 37 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (97 of 100).

Will SO stock go up?

No one can know that. What the data says: the median 12-month target from 24 analysts implies +9.2% from the last close, and Ticker Nerd's factor model ranks The Southern Co. 37 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the SO stock forecast for 2030?

No analyst covering The Southern Co. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SO are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $79 to $114 over the next 12 months.

How has SO stock performed over the past year?

The Southern Co. returned +1.0% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does The Southern Co. do?

The Southern Company is a leading U.S. energy holding company that focuses on the generation, transmission, and distribution of electricity and natural gas.

What is the latest news on SO?

The most recent item we track (PRNewsWire, 4 Aug 2026): "Southern Company announces upsize and pricing of $725 million in aggregate principal amount of Series 2026A 2.125% Convertible Senior Notes due December 15, 2027 and $1.65 billion in aggregate principal amount of Series 2026B 3.50% Convertible Senior Notes due September 15, 2029". Southern Company announced the pricing of $725 million of Series 2026A 2.125% Convertible Senior Notes due December 15, 2027 and $1.65 billion of Series 2026B 3.50% Convertible Senior Notes due September 15, 2029, in private placements to qualified institutional buyers under Rule 144A. The offerings were upsized by $75 million and $150 million respectively from previously announced sizes, and the initial purchasers received options to buy up to an additional $108.75 million and $247.5 million in aggregate principal of the respective notes.

Company

About The Southern Co.

The Southern Company is a leading U.S. energy holding company that focuses on the generation, transmission, and distribution of electricity and natural gas. Headquartered in Atlanta, Georgia, it operates through vertically integrated electric utilities, a wholesale energy business, and regulated natural gas distribution utilities. The company serves residential, commercial, industrial, and governmental customers across multiple states, providing power through a diverse mix of energy sources, including natural gas, nuclear, coal, and renewables such as solar and wind. Southern Company’s regulated utilities manage extensive transmission and distribution networks, ensuring reliable delivery of energy to end users. Its wholesale subsidiary develops and owns generation assets and sells electricity primarily under long-term contracts, supporting grid stability and regional energy needs. The natural gas segment handles distribution, storage, and related services for retail customers. Within the utilities sector, Southern Company plays a significant role in maintaining essential energy infrastructure and supporting economic activity in the regions it serves. Founded in 1945, it remains a central participant in the U.S. regulated utilities market.

CEO Mr. Christopher C. Womack · 29,502 employees · United States · https://www.southerncompany.com